GM plans to build a new electric vehicle battery plant, with construction set to begin immediately.
GM CEO Mary Barra said that the plant is expected to be operational by late 2023 and will employ around 1,300 people. The size of the facility is planned to be 2.8 million square feet.
The announcement was streamed live from the Tennessee State Museum in Nashville. Leaders, including Gov. Bill Lee, U.S. Senators Marsha Blackburn and Bill Hagerty, attended the announcement.
The plant itself is a join venture between GM, LG Energy Solution and Ultium Cells, with Barra laying particular praise onto the specific kinds of batteries that will be made at the new plant.